Don't Cry for Me Argentina, Pay Me

The Argentine government callously refuses to offer good-faith proposals, despite more than 100 court judgments in the U.S. against Argentina's government.

Feb. 18, 2014 3:52 p.m. ET

Media coverage of the fight over Argentina's debt repayment ("Hedge Funds Clash Over Argentine Debt," Money & Investing, Feb. 10) continues to overlook the tens thousands of individual holdouts—Argentines, Europeans and Americans—who lost life savings because of Argentina's unwillingness to pay its debts. The sum of individual losses totals billions of dollars. The Argentine government callously refuses to offer good-faith proposals, despite more than 100 court judgments in the U.S. against Argentina's government. International courts have weighed in against Argentina from Frankfurt to the World Bank's...